Business
Published 02 Feb, 2022 07:15pm
Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East boost oil prices by about 15%
Business
Published 01 Feb, 2022 05:37pm
Goldman sees 'growing potential' for faster OPEC+ output hike
Business
Published 27 Jan, 2022 08:48pm
Crude prices surges, with Brent climbing above $90 a barrel or the first time in seven years
World
Published 26 Jan, 2022 06:50pm
LONDON: Oil rose to around $89 a barrel on Wednesday, within sight of a seven-year high, supported by tight supply...
Business
Published 24 Jan, 2022 11:18am
Economic growth in Qatar, Oman and Bahrain is expected to average between 3%-4% for 2022
Must Read
Published 21 Jan, 2022 04:21pm
By Chen Aizhu
SINGAPORE:China has offloaded nearly four million barrels of Iranian crude oil into state reserve...
Business
Published 21 Jan, 2022 12:01am
Oil slips on indications of rising US stocks and as investors took profits after a recent price rally
Business
Published 28 Dec, 2021 09:49pm
The three oil producers declare force majeures this month on part of their oil production
Business
Published 25 Oct, 2021 08:53pm
The global energy supply crunch continues to show its teeth, as oil prices extend their upward march this week.
Business
Published 12 Oct, 2021 11:50am
By Aaron Sheldrick
Oil prices reversed early losses to extend gains on Tuesday into a fourth day amid a rebound in...
Business
Published 28 Sep, 2021 10:49pm
Brent crude oil briefly jumped above $80 per barrel for the first time in almost three years on expectations for...
Business
Published 15 Sep, 2021 11:38am
By Jessica Jaganathan
SINGAPORE: Oil prices climbed on Wednesday after industry data showed a larger than expected...
Business
Published 06 Sep, 2021 06:11pm
By Julia Payne
Oil prices fell on Monday, extending losses after the world's top exporter Saudi Arabia cut crude...
Business
Published 11 Aug, 2021 08:24pm
According to a statement, competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must...
Business
Published 19 Jul, 2021 07:53pm
OPEC crude producers and their allies on Sunday agreed to pump an extra 400,000 barrels per...
Business
Published 14 Jul, 2021 02:31pm
By Ron Bousso
Oil prices declined on Wednesday after data showed a drop in China's half-year crude imports while...
Business
Published 12 Jul, 2021 11:19am
By Ron Bousso and Isla Binnie
Leading international energy companies are resisting the temptation to rush and spend...
Business
Published 01 Jul, 2021 10:16pm
The 13 members of OPEC and 10 allies cut crude production after the pandemic sent oil prices c...
Business
Published 01 Jun, 2021 10:47am
Oil prices rose on Tuesday, with Brent topping $70, as optimism grew over the fuel demand outlook during the summer...
Business
Published 24 May, 2021 11:39am
SINGAPORE: Oil prices rose on Monday as a storm formed in the Gulf of Mexico and Iran said a three-month nuclear...
Business
Published 06 May, 2021 02:40pm
SINGAPORE: A bullish target of $67.98 per barrel has been temporarily aborted for US oil. It will only be resumed...
Business
Published 05 May, 2021 12:10pm
SINGAPORE: Top oil exporter Saudi Arabia is expected to cut its official selling prices (OSPs) for Asia in June,...
Business
Published 15 Apr, 2021 11:24am
NEW YORK: Oil prices surged Wednesday and most European markets closed higher on increased optimism for a...
Business
Published 12 Apr, 2021 12:15pm
SINGAPORE: US oil remains neutral in a range of $58.80 to $60.04 per barrel, and an escape could suggest a ...
Business
Published 03 Apr, 2021 10:52am
KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.133...
Business
Published 01 Apr, 2021 12:29pm
KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.174...
Business
Published 01 Apr, 2021 11:39am
SINGAPORE: Middle East crude benchmark Dubai rose on Thursday ahead of a meeting of the Organization of the ...